CMBS Delinquency Rate, Liquidations Drop

The commercial mortgage-backed securities delinquency rate continues to decline, and CMBS liquidations also dropped last year, analysts said.

Fitch: Slowing Trend in CMBS Defeasance

Commercial mortgage-backed securities defeasance volume soared during late 2021 and into January, but that trend could be ending, said Fitch Ratings, New York.

CMBS Defeasance Snaps Back

Kroll Bond Rating Agency, New York, reported commercial mortgage-backed securities defeasance volume rebounded strongly last year after falling by nearly half in 2020.

CMBS Delinquency, Special Servicing Rates Dip in December

Fitch Ratings, New York, said the commercial mortgage-backed securities delinquency rate dipped nine basis points in December to 2.67 percent, driven by robust new issuance, continued loan resolutions and fewer new delinquencies.

CMBS Liquidation Volume Jumps

Commercial mortgage-backed securities liquidation volume bounced back after a pandemic-related pause, analysts said.

Trepp: Europe Leads U.S. in ESG Adoption

Environmental, Social and Governance criteria are now incorporated into corporate strategies worldwide. But the United States is falling behind Europe in the investment of ESG commercial mortgage-backed securities deals, said Trepp, New York.

Sneak Peak: KBRA Analysts Look to 2022 Commercial Mortgage-Backed Securities Sector

Kroll Bond Rating Agency, New York, just released its 2022 Sector Outlook—CMBS: Full Steam Ahead report. MBA NewsLink interviewed KBRA’s Larry Kay and Patrick McQuinn to get their insights on the current lending environment and property fundamentals as well as factors that may affect property performance in 2022.